The Consumer Price Index (CPI) which measures inflation further increased by 18.17 per cent in March compared to 17.33 per cent in the preceding month. According to the CPI Report for March, which was released Thursday by the National Bureau of Statistics (NBS), food inflation increased by 22.95 per centContinue Reading
For the first time in months, pub gardens, shops and hairdressers are reopening in England, as rules are also eased in the rest of the UK. Some pubs and salons opened at midnight, with one landlord saying there was a “sense of celebration”, and shoppers queued outside Primark stores. PrimeContinue Reading
In an apparent move to reduce the negative impact of COVID-19 on their risks assets, nine banks have significantly increased their impairment charges to N288.182 billion in 2020. The provisioning showed a jump of 113 per cent compared with N135 billion recorded in 2019. An impairment charge usually reflects aContinue Reading
The National Agency for Food, Drug Administration and Control (NAFDAC) has found out that the chemical added to the killer flavoured drink that led to the death of three persons in Kano State contained ‘Hyroxylamine,’ used for terrorism. It said all the merchants of the deadly chemicals and additives hadContinue Reading
Shoppers got more than they bargained for at a Thailand 7-Eleven store when a giant monitor lizard walked in and climbed store shelves. People can be heard screaming and laughing in the background as the lizard reaches the top of a shelf and sprawls out near an ice machine. NarumpaContinue Reading
Commercial banks have reconnected MTN customers to banking channels after disconnecting them from their channels, including the Unstructured Supplementary Service Data (USSD) and banking apps last Friday. The Nation learnt the development was due to intervention of Minister of Communications and Digital Economy, Isa Pantami and Central Bank of NigeriaContinue Reading
Chancellor Rishi Sunak has hinted at an extension to the furlough scheme but warned he will ‘level’ with the public over the economic toll of the pandemic. Speaking to Sophy Ridge on Sunday, Mr Sunak insisted he will do whatever it takes to support business in the UK as itContinue Reading
The Senate on Thursday summoned the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emeifele, and the Director General of the Securities and Exchange Commission (SEC), Lamido Yuguda, to brief it on the opportunities and threats of the crypto currency on the nation’s economy and security. It hasContinue Reading
Members of the organised private sector (OPS) have endorsed the construction of the railway line to run across some states in Nigeria and terminate at Maradi in Niger Republic. President Muhammadu Buhari, on Tuesday, had justified the extension of the Kano-Katsina-Jibiya rail line to Maradi in Niger Republic, saying theContinue Reading
Shehu Sani, former senator representing Kaduna central, says the solution to the crisis between farmers and herders in the south-west is the setting up of grazing reserves and agro-allied industries in the north. Speaking on Arise Television on Friday, Sani said it is not possible for herders to move aroundContinue Reading
